Today's Pre-Market Stock Movers: BABA, LYFT, OXY, FCNCA and More

$Lyft Inc (LYFT.US)$ +5.10% (The ride-sharing company named board member David Risher as chief executive. Lyft said Monday that co-founder Logan Green, who had been serving as CEO, and co-founder John Zimmer, the current president, would be moving into non-executive roles on the board. Risher will begin in his new role on April 17. Lyft shares have decline 12.9% in 2023.)

$PVH Corp (PVH.US)$ +12.06% (The owner of the Calvin Klein and Tommy Hilfiger brands, topped fourth-quarter adjusted earnings and sales estimates.)

$Occidental Petroleum (OXY.US)$ +2.06% (Berkshire Hathaway bought more stock in the energy company in recent days, purchasing 3.7 million shares of Occidental and bringing its ownership to 211.7 million shares, a 23.5% stake.)

$Ciena (CIEN.US)$ +3.09% (The stock was upgraded to Strong Buy from Outperform at Raymond James.)

$Intel (INTC.US)$ +1.40% (The company's fiscal second-quarter adjusted earnings and sales beat analysts' estimates.)

$First Citizens BancShares (FCNCA.US)$ -0.74% (The bank agreed to acquire large parts of Silicon Valley Bank's business two weeks after its collapse triggered panic throughout the financial sector.)